Stocks limp toward biggest weekly fall of the year
World shares limped toward their biggest weekly fall of the year on Friday, though investors took heart from a brief dip in government bond yields as the incoming Bank of Japan chief ruled out an early end to its super-easy monetary policy.
Energy market faces uncertain period ahead, with oil prices up in the air
Insight and analysis into the energy market from BDSwiss CEO MENA demonstrates the undetermined nature currently facing one of the world's leading markets.
Oil falls more than 1% as growth fears offset China demand hopes
Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and prompted investors to take profits on the previous day's gains.
G20 watchdog says commodity market concentration poses threat to wider economy
The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a 'significant' concentration of firms, banks, exchanges and clearing houses threatens to transmit losses to the wider economy, the G20's financial watchdog said on Monday.
UK energy group Centrica's surging profit sparks fury
Britain's Conservative government of Prime Minister Rishi Sunak is temporarily subsidising electricity and gas bills this winter.
Sticky inflation prompts EBRD to trim 2023 growth outlook for its region
High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction and Development (EBRD) said in its regional economic outlook report released on Thursday.
Analysis-The deep freeze over UK assets is thawing
Britain's stocks and bonds are drawing strong buying interest, not quite a vote of confidence in the economy but a reassuring sign for policymakers that a deep investment freeze in British markets prompted by last year's upheaval has thawed.
Oil prices fell in early Asian trade on Tuesday after the U.S.
Brent crude futures fell by 82 cents, or 1%, to $85.79 per barrel by 0132 GMT, while U.S. crude futures fell by $1.04, or 1.3%, to $79.10 per barrel.
European equities rise on hopes of inflation slowdown
European stock markets rose Monday as investors set aside Asian losses and forecast easing inflation in Britain and the United States, dealers said.
EU lifts growth forecast as eurozone skirts recession
Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease as gas prices have fallen, the European Commission said Monday.
European shares rise as defence stocks rally
European shares rose on Monday as defence stocks jumped on news of India aiming to triple its defence exports, while a fall in real estate stocks on disappointing quarterly results from Sweden's Castellum countered gains.
Investors call on five European banks to end new oil and gas finance
European banks risk jeopardising the path to net-zero carbon emissions and the growth of renewable energy unless they stop directly financing new oil and gas fields this year, investors managing assets worth more than $1.5 trillion said on Friday.
Why energy companies are making so much profit despite UK windfall taxes
Although Shell and BP have headquarters in London, they are multinational companies operating in many countries with different fiscal regimes.
Logistics execs see 2023 recession as 'Likely' or 'Certain'
The Agility Emerging Markets Logistics survey 2023 paints a sober picture, with more than 2/3 of respondents seeing a 2023 recession as 'Likely' or 'Certain'.
European shares hit nine month high, dollar wobbles after Powell remarks
Global shares jumped and most currencies rose against the dollar on Wednesday as investors discerned a dovish tone in comments from Federal Reserve Chair Jerome Powell, though a policy tweak by the ECB meant European bonds sat out the rally.
BP posts record profit, dilutes green target
BP on Tuesday also said its carbon emissions would not fall as quickly as anticipated.
Shell 2022 profit more than doubles to record $40 billion
Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia's invasion of Ukraine allowed it to hand shareholders unprecedented returns.
IMF lifts 2023 growth forecast on China reopening, strength in U.S., Europe
The International Monetary Fund on Tuesday raised its 2023 global growth outlook slightly.
Markets lose ground as traders await rate decisions
Stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.
Chevron annual profit hits record but Q4 miss hits shares
Chevron Corp on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall Street estimates, undercut by asset writedowns and rising costs.
European stocks edge higher, Wall Street futures flat
European stock indexes edged higher on Monday, while Wall Street futures struggled to make gains as investors weighed up recession fears with hopes that inflation could be past its peak.
Canada's energy jobs transition bill sparks discord in oil heartland
In Canada's western oil patch, controversy is raging over federal government legislation intended to help the fossil fuel labour force transition to a greener economy.
Davos 2023-'Open for business' Labour slams PM Sunak no-show
British Labour Party leader Keir Starmer set out his green growth plan in Davos on Thursday and criticised British Prime Minister Rishi Sunak for not showing up at the annual meeting of the World Economic Forum.
World stocks mostly rise on optimism over China, rates
World equities mainly rose Monday on growing global optimism as inflation slows and China reopens, while gas prices hit an 18-month low on receding supply fears.
Davos 2023: Climate activists protest over big oil hijacking debate
Climate activists protested in Davos on Sunday against the role of big oil firms at this week's World Economic Forum (WEF), saying they were hijacking the climate debate.
European shares rise on bets of easing rate hikes
European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer Direct Line fell sharply after scrapping its full-year dividend.
UK curbs energy bill support for businesses
The Energy Bill Relief Scheme offers help for businesses, the public sector and charity organisations.
Shell says European windfall taxes to cost $2 billion
British energy giant Shell on Friday said windfall taxes imposed by the European Union and UK following a surge in profits would cost the group about $2 billion.
Stocks stall as firm Fed reins in China rally
Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won't be cutting interest rates any time soon offset China's latest reopening plans.
UK's Extinction Rebellion pauses radical tactics to seek wider support
Extinction Rebellion climate campaigners have announced a temporary halt to public disruption in the UK as they seek broader support, even as other activist groups vow to maintain radical tactics.